I'm going to be selling off the more management intensive stuff in the coming months and replacing it with more chill stuff, because life is too short, you know what I mean?

The point when you want to tell an inspector to gtfo my property, is the point where you want to go to war and really make your life miserable.I assume your permits/inspections included the pex?

@Samir Shahani your notion is correct - I don't know where there idea came from to correlate repairs and maintenance to rent - if anything they have a somewhat inverse correlation.Repairs and maintenance depend on two things - replacement value of the property and age.A property is a list of systems: plumbing, electrical, windows, roof, driveway etc - and every one has a useful design life span.

This is the paradox of almost every investor based upon where they are in their "investor life". 

It's the oddest city I've ever seen in my life.

Residential rental property has a depreciable life of 27.5 years.

As far as savings goes the only reserves are in the house and in retirement accounts which is minimal at this point in my life.

He recently had a series of life threatening medical issues that took him out of work and seeing him struggle to survive financially during this time has made me hungrier than ever to achieve financial freedom for my family (I’m married and just recently had my first son)!

Roof, hot water heater, AC, furnace and divide each of those by their useful life into a monthly payment.PM fees vary but typically will be 11-13 percent if you include a placement fee annually (you don’t want that by the way).

What will you do when hope is lost and all we have left to remember our humanity is utter, black despair?